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Question

As per the Companies Act, 2013, what is the minimum, paid up share capital required for a public company?

A
Rs. 1 Lakh
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B
Rs. 5 Lakh
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C
Rs. 1 Crore
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D
Rs. 5 Crore
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Solution

The correct option is B Rs. 5 Lakh
As per the Companies Act, 2013, the minimum share capital required for a public company is Five Lakh.


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